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Jul 22, 2011
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big-money experts say they could get $600 million for box right now, but it's not for sale. >> yeah. >> reporter: tom brokaw, nbc news, silicon valley. >>> one other economic note tonight. it's a done deal. the united states government no longer owns a piece of the chrysler corporation, but the majority stakeholder is now the italian automaker fiat. american taxpayers, along with fiat, helped bail chrysler out a few years back. fiat has gradually been raising its stake, and today it bought the last of the u.s. shares along with a small stake held by canada, so tonight fiat owns 53% of this once proud and formerly all-american brand, and at the end of the day the u.s. treasury estimates american taxpayers lost $1.3 billion on this deal. >>> up next here tonight, is it possible while one era ends another one is about to begin? more material today, some audio >>> the nixon library released more material today, some audio of the president, but mostly a trove of memos, many written by folks who are still around and still in the public eye, and they show people during a markedly different
big-money experts say they could get $600 million for box right now, but it's not for sale. >> yeah. >> reporter: tom brokaw, nbc news, silicon valley. >>> one other economic note tonight. it's a done deal. the united states government no longer owns a piece of the chrysler corporation, but the majority stakeholder is now the italian automaker fiat. american taxpayers, along with fiat, helped bail chrysler out a few years back. fiat has gradually been raising its stake, and...
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Jul 19, 2011
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. >>> a once big brand name is no more. borders bookstore chain said today it will liquidate after failing to find a buyer. they're closing all 400 retail stores, all of borders nearly 11,000 employees will now lose their jobs. >>> and technology giant cisco systems announced it's eliminating 6,500 jobs, part of an efficiency move. that's in cisco's effort to cut $1 billion in annual costs to the company. >>> this was the last day in afghanistan for america's best-known general, david petraeus, who transferred command of u.s. and nato led troops to his replacement, general john allen. a west point graduate with a princeton phd, easily the most celebrated modern day general officer is leaving to run the cia as the u.s. prepares for a gradual drawdown from afghanistan. >>> when we come back here tonight, new research on head injuries and dementia and alzheimer's and a group that the researchers are most concerned about tonight. >>>, and later, they may have come up short in the end, but the u.s. women's world cup team members
. >>> a once big brand name is no more. borders bookstore chain said today it will liquidate after failing to find a buyer. they're closing all 400 retail stores, all of borders nearly 11,000 employees will now lose their jobs. >>> and technology giant cisco systems announced it's eliminating 6,500 jobs, part of an efficiency move. that's in cisco's effort to cut $1 billion in annual costs to the company. >>> this was the last day in afghanistan for america's...
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Jul 23, 2011
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but the big deal here is the u.s. economy on the brink, lester. there is already widespread fear throughout washington that america's debt rating could be downgraded if the deal is too small. and now we're at a point of talking about no deal at all. the president saying, i don't want a temporary solution. republicans saying, he may have to live with that based on the cuts they have already agreed to. >> treasury department says we have 11 days to get this done. what is the likelihood that the house leaders speaking directly with the senate could come up with something in that time frame? >> there are ways to do this but it comes down to the t word, taxes, tax increases. can there be a balanced plan as the president wants? they're both going to go against the line here to say you can't pass this, we have got to avoid default. but what is it going to take do that? again, i think you'll see republicans looking for a smaller term deal. the president saying, no, it has to be something that extends past the election or we're going to go through this spe
but the big deal here is the u.s. economy on the brink, lester. there is already widespread fear throughout washington that america's debt rating could be downgraded if the deal is too small. and now we're at a point of talking about no deal at all. the president saying, i don't want a temporary solution. republicans saying, he may have to live with that based on the cuts they have already agreed to. >> treasury department says we have 11 days to get this done. what is the likelihood that...
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Jul 30, 2011
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after months of negotiations with the government, carmakers including detroit's big three have agreed to a very ambitious new set of goals for fuel efficiency. there was a time when carmakers went to washington to lobby against this kind of change. times have changed. chief environmental affairs correspondent anne thompson joins us tonight from a honda dealership in queens, new york. anne? >> reporter: good evening, lester. what this agreement means is that in showrooms of the future you're going to see vehicles that use a lot less gasoline and reduce by half the amount of greenhouse gas emissions they put into the air. those are the emissions that cause climate change. now, today, companies like honda, ford, gm, they have to meet an average fuel economy standard of 27.3 miles per gallon. that is going to double by 2025 to 54.5 miles per gallon. it should save a family $8,000 per vehicle according to the white house, and the country as a whole, $2 trillion in fuel savings costs. now, as you said, this is very unusual because these 13 major automakers, united autoworkers union, and the
after months of negotiations with the government, carmakers including detroit's big three have agreed to a very ambitious new set of goals for fuel efficiency. there was a time when carmakers went to washington to lobby against this kind of change. times have changed. chief environmental affairs correspondent anne thompson joins us tonight from a honda dealership in queens, new york. anne? >> reporter: good evening, lester. what this agreement means is that in showrooms of the future...
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Jul 18, 2011
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which includes some big brand names in this country. cnbc's david faber joins us in new york for some insight. david, this has now reached to one of murdoch's top deputies. what does this do to his damage control efforts. >> he's been trying to do damage control since the middle of last week in some ways when he finally started to distance himself from rebekah brooks who resigned, of course, a couple days later. the scandal does not appear to have crested yet. despite giving up the purchase of b sky b for what would have been a $12 billion deal for news corp., a huge important deal they wanted to complete in the uk and, of course, letting go of rebekah brooks and his long time lieutenant les hinton. >> on a personal level for murdoch and especially his son, are they in some sort of legal jeopardy? >> james murdoch has got to be the focus right now. because of course rebecca brooks and les hinton both having been gone, james murder okay runs news international. he has the number three position at the company, essentially, after chase car
which includes some big brand names in this country. cnbc's david faber joins us in new york for some insight. david, this has now reached to one of murdoch's top deputies. what does this do to his damage control efforts. >> he's been trying to do damage control since the middle of last week in some ways when he finally started to distance himself from rebekah brooks who resigned, of course, a couple days later. the scandal does not appear to have crested yet. despite giving up the...
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Jul 13, 2011
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his death leaves behind a power vacuum and is considered a big victory for the taliban, ann? >> thank you so much. >>> another milestone up in space today as two residents of the international space station stepped outside to retrieve a broken ammonia pump so it could be returned to earth for examination. it was the final space walk of the american shuttle era. meantime, the landing plan for the atlantis has changed and it's now scheduled to touch down before dawn on july 21st at the kennedy space center. >>> poignant moments in palm desert, california, where representatives of the current and previous first families attended a memorial service for betty ford, who died friday at the age of 93. our own brian williams is there and we'll hear from him in a bit. but nbc's lee cowan joins us, lee? >> reporter: hey, ann. this is the first of two tributes in two different states for betty ford and in keeping with her very take-charge attitude she was very specific about how she wanted to be remembered. to that end, both politics and her passion for people were front and center. >> r
his death leaves behind a power vacuum and is considered a big victory for the taliban, ann? >> thank you so much. >>> another milestone up in space today as two residents of the international space station stepped outside to retrieve a broken ammonia pump so it could be returned to earth for examination. it was the final space walk of the american shuttle era. meantime, the landing plan for the atlantis has changed and it's now scheduled to touch down before dawn on july 21st at...
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Jul 12, 2011
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and it's getting bigger by the day, despite a trip by the big boss to london to do some damage control. nbc's stephanie gosk is covering for us tonight in london. stephanie, good evening. >> reporter: good evening, brian. well the editors of the news of the world wrote in their final edition that we have won for today, a scandal that threatens the influence and power of one of the largest media companies. rupert murdock rushed to london hoping to mitigate the damage to his media empire, but it's looking more and more like there's little he can do. today new allegations reported in the british press and claims that one of the officers protecting the royals sold a list of the family's phone numbers to the news of the world. and a source close to prime minister gordon brown alleges that the sunday times, another murdock paper illegally pursued brown's private financial and medical information. anger at murdock and resentment over his media company's unchecked political clout is boiling over. >> there is an element about all this is that personal. gordon brown is bitter that news of the wo
and it's getting bigger by the day, despite a trip by the big boss to london to do some damage control. nbc's stephanie gosk is covering for us tonight in london. stephanie, good evening. >> reporter: good evening, brian. well the editors of the news of the world wrote in their final edition that we have won for today, a scandal that threatens the influence and power of one of the largest media companies. rupert murdock rushed to london hoping to mitigate the damage to his media empire,...